Budget101 Discussion List Archives Kids / Children Advice on Children’s Allowances

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      Avatar for LissLiss
      Keymaster

      I am looking for some advice on giving children allowances. My daughter is
      almost 8 and thinks that atm machines just *give* you money and that food is
      *free* if you get it at the drive thru. quite disturbing!

      we obviously
      need to teach her how money works in addition to the value of a dollar!!
      so, i was wondering how other families handle allowances with kids this age.
      i don’t want to spoil her, but i want to give her enough so that she has
      some money to “manage”. how much would you suggest? would you tie it in to
      chores?

      what has worked for your families?

      tia,
      karla

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Budget101 Discussion List Archives Kids / Children Advice on Children’s Allowances